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. export orders, a sign of weakness there and in china and in some of the pmi figures that we got across europe. so the theme that is emerging, while germany even showed some signs perhaps of strength in its service sector, there's still concern about global growth prospects. for that reason, all the more reason why perhaps it's important for policymakers to be proactive, including mario draghi. back over to you guys. >> thank you for that. who is going to be the squawk perpendicular of the year, joe? >> you mean if we pick one? >> if we pick one. >> we have to pick one that's not obvious. >> like mcafee, maybe. i had an opportunity to pick business person of the year and i picked richard scrusi. it's so hard to find an honest cfo. remember the guy that helped out? i think he was on his way up the river or something. you have to pick it so there's an edge to it. >> like leo apatae or something like that. >> no, like mcafee. i didn't mention that, but he may get the squawk person of the year award today. it depends on how he answers your probing -- your father was a litigator, right? >> t
campaign saying president obama was responsible for jobs, cheep jobs, being sent over to china. something that never happened. here's parts of it. let's listen. >> obama took gm and kries ler into bankruptcy and sold chrysler who were going to build jeeps in china. mitt romney will fight for every american job. >> of course, that's the jeep ad, michael crowley. sometimes these guys get caught in realtime because the governor of the state and everybody said didn't happen. >> right. well, chris, this is one of those wonderful examples where something can be factually accurate and still a complete lie. in other words, the language in that ad i believe stands up. that chrysler was going to begin making jeeps in china. >> for chinese. >> right. right. it made perfect sense. a lot of auto-companies do this. obviously, that's the clear implication of the ad. so the fundamental message is a lie. they just covered thems enough with the language. maybe they thought they wouldn't get called out on it. i think they were desperate to win ohio. maybe it was a net loss. >> i think it's one of those thin
would be short yen and long japanese stocks. >> people watching not just january but china. ir ir ir iron oar a lot. >> let's get more insight from steve from web bush securities. how much of a nail biter is this for you in terms of fiscal cliff and the markets? >> i think pretty clear at this point that if there's a deal coming, it's gonna be coming very, very soon. i think the markets discounted the fact we are going to get some sort of deal t has held up fairly well here and i think if we don't get a deal, we will see a selloff. i don't know how considerable, but certainly see the 2, 3% decline in the market. >> does it amaze you, steve, that the markets, in your view, still consider a given that we are going to reach a deal? here we are thursday, december 27th. they still haven't issued a 48-hur notice for congress to return to capitol hill and yet you're saying the markets have baked in some sort of deal? >> yeah, i think so. i don't in he isly think the deal happened december 31st. if we pass waite without a deal earthquake the market will think something is going to happen in
can see, with the kospi up the most, 1.5 points. >> strong nebs out of china which suggest maybe the economy is rebounding more than expected. >> the exports. >> yeah. >> among the catalyst in asia trading today, economic stats out of china. export growths slowed sharply to 2.9% in december. that news j underscores the global headwinds dragging on the economy. but the chinese economy is showing solid signs of a pick up in domestic activity. industrial output was stronger than expected. the country has been saying for years it needs to shift a little bit from the export model the internal consumption. let their middle class grow and not be nearly as dependent on exports. and china's oil demand in november surpassed 10 million barrels per day for the first time ever. the country's crude imports rose to the second highest daily rate on record. analysts say this is further evidence of the chinese recover. and i saw this story on -- every once in a while i check tweeting. >> i saw it on google, too. kayla tausche reporting -- >> kayla beat nick dunn. >> nick dunn was quoting kayla. >>
to taiwan and china in october and the buzz around windows 8 fell off a cliff from the june time period. so there's a lot of enthusiasm in june at the show in taipei. and by october, there was no enthusiasm. so i think a lot of the momentum had been lost and a lot of companies told me, look, it's really a second half of 2013 story. >> so what does that mean, not only for microsoft were but for the hardwaremaker? are being buying products from dell and the like and buying the windows 7 version or are they turning to google and mac? what's happening? >> more and more consumers are turning to smartphones and tablet devices and i think a lot of the hardware vendors are saying, you know what? when we do a refresh, let's wait until a year out, second half of 2013. it's probably not worth the investment today, especially with a lot of aggressive tablets coming out, including the ipad mini. so, you know, that -- i think they were planning on doing a more aggressive ramp, probably around ultra book with windows 8. and then they decided to delay it until next year. >> look out a little bit into 2013
crisis, things like our fiscal cliff crisis, a slowdown in china. this is how stocks are moving right now. it's no longer how many cannes of coke did we sell last quarter. it's really tied to this so it matters more than before. they're panicking and starteding to see it. look no further than the consumer confidence number dropping, the retail sales. ge has blamed some poorer results this past quarter on lack of investment. you know, honeywell is seeing the pain. they're not filling empty positions. it's already -- it has been starting to affect companies for probably, you know, at least the past quarter already. >> okay. thank you, joy, and thank you leigh. remember, president obama is going to make a statement on the fiscal cliff talks at 5:45 eastern time and msnbc will provide live coverage. until then, chris matthews is up next with the best "sideshow" moments of the year and the nra's best excuses for standing in the way of any and all reasonable restrictions on guns. this is "hardball," the place for politics. to the best vacation spot on earth. (all) the gulf! it doesn't matter wh
sachs to buy from neutral. citing increased potential for yum's operations in china. although, that's what we talk about all the time. kfc in china. that's the growth in their, i think isn't yum bigger than mcdonald's in terms of total number? >> yeah. >> i think subway is, too. research -- >> they don't even call it kentucky tried anymore. >> kfc. >> and it's really chicken. >> that's uncalled for. what do you think it is, cat? that is uncalled for. >> this is all i'll say. >> tastes like chicken. >> yes, it's chicken! if david novak -- >> taco bell. >> yeah, taco bell. >> is that really meat? is that your next -- >> no. all right. the restaurant -- research in motion, rim shares coming off a seven-month high on news that the u.s. immigrations and customs enforcement agent are going to use the blackberry 10 on a trial basis. that is on news, did you see this, that the agency is going to ditch the iphone in favor -- >> okay, so why? >> i don't know. i just want to say, so blackberry was one of the sponsors of the thing yesterday, at the dealbook conference and they showed off the bl
.s. economy will go into recession. we closed down our manufacturing in china and relocated it in the usa. for other companies to follow our lead, they need to trust our leaders in washington will actually lead. think outside the box, great incentive for businesses to invest in the u.s. economy. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. what starts with adding a friend... ♪ ...could end with adding a close friend. the lexus december to remember sales event is on. this is the pursuit of perfection. >>> financials have been on fire for most of 2012. but interest rates and regulation are still putting some profit margins under pressu pressure. here's what's in store for 2013. >> reporter: after a year's l
to make this point, 12 hours before this killing, this massacre took place was a man in china who went into an elementary school. maybe people saw it fleetingly on television. and he had a knife. he didn't have a gun. and he knifed 23 people. 22 of them children, at least at this point, at the time of broadcast, all survived. it was a knife. it wasn't a gun. >> right, right. >> gun control is the answer right now. >> right. >> you know, in the wake of columbine, schools did kind of take a look at what happened and made a series of recommendations that now are in place in most part of the country, that when a teacher learns of a plot, they immediately have to report it to somebody. they encourage children to do that. so there are a set of policies in place that perhaps have prevented these kinds of f factions from taking place. the problem you have among others, this is not a high school student. gerald lockner, not a high school student, once somebody leaves high school and goes to college or goes on with their life or they're depressed and potentially suicidal, there's less of a commu
to handle manufactured goods from china. it's also the largest port on the east coast. now, last year this port handled $208 billion in cargo. we're talking about products like furniture and also apparel. in 2002, we saw a west coast port lockout. estimates suggest that that cost the economy $1 billion a day. and as with the fiscal cliff, there's a political angle with the container cliff as well. business groups are asking president obama to use his emergency powers under taft hartley to prevent a strike. president bush did that back about ten years ago. while a strike will cause major disruptions, there are alternatives for transporting goods, rail and also air are options, but of course those options are not cheap. >> back in november, our members started putting contingency plans into place. the options were either divert containers to west coast ports, bring merchandise in earlier, use canada or mexico, or use air freight. but all of those come at a significant cost as well. >> now, the deadline is 12:01 tomorrow night. and i think it's safe to say that retailers are hoping we co
Search Results 0 to 9 of about 10